The bank converted to the solution from Wolters Kluwer Financial Services’ ARTA Lending and ARTA Deposit Documentation systems.
According to Wolters Kluwer Financial, the ComplianceOne is a single, integrated documentation solution that makes managing compliance with loan and deposit account transactions faster and more efficient.
The solution connects the major areas of a financial institution’s business to its core processor through a single user interface. It offers institutions integrated access to many of Wolters Kluwer Financial’s Wiz compliance analytics tools.
Palmetto State Bank president Sterling Laffitte said that bank benefits from ComplianceOne’s seamless integration to Wolters Kluwer Financial Services’ flood determination and credit bureau report applications when originating mortgages and consumer loans.